Nightly Bitcoin and Ethereum Market Analysis:
Brothers, the market has finally dropped. The reduction in positions suggested on the 18th was correct, right? On Monday night, I mentioned the death cross on Bitcoin and Ethereum daily charts. You may not believe my points, but I hope you can trust my overall direction.
This is not me gloating while being out of positions; I mainly hold Bitcoin spot (average price 40k). When the market falls, no one is making money. I'm just predicting that the market will drop and informing everyone of the risk of a pullback, hoping to help everyone lose less! After all, some brothers love to open long positions at the top and hold on, and once a large-scale pullback starts, not cutting losses can lead to many warriors getting liquidated!
Nightly Market Trend Analysis:
$BTC I mentioned during noon analysis that Bitcoin could not sustain above 67455 and would continue to drop. Now it's about to hit the second support level. Tonight, continue to pay attention to the support levels around 65900-65400-64770!
For rebounds, watch for resistance levels around 66485-67000-67700 (if it stabilizes above 66485, a 1-hour level rebound will start) #BTC走势分析
$ETH Ethereum has dropped sharply below the previous low of 2605 and has now precisely hit the second support level of 2536. Tonight, continue to pay attention to the support levels around 2510-2468-2436 (if it drops below 2510, a weekly level pullback will start).
For rebounds, watch for resistance levels around 2573-2600-2644 (if it stabilizes above 2572, a 1-hour level rebound will start) #ETH走势分析
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